Kadokawa shares surge after news of Sony acquisition talks
Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire the developer of the acclaimed "Elden Ring" fantasy game sent its stock soaring.
Kadokawa Responds to Sony Acquisition Rumors (& It’s Not a Done Deal Yet)
But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,
Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on ...
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Sony might acquire full ownership over Kadokawa in the next weeks and the anime community is not happy about it at all.
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While Microsoft has become the main character of acquisitions in corporate culture with its $69 billion purchase of ...
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